Indian - Businessman | January 7, 1949 -
So far, the general perception, including the perception in India, was that we are not capable of using high technology. They simply refused to believe an Indian can do it! I somehow was not ready to accept that this is not possible.
Baba Kalyani
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The first reactions from Germany and German industry was quite negative. People right from the start were saying that we will steal technology and take it away and move the plant to India and use low cheap labor to compete.
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The most important part of any acquisition is your ability to culturally integrate the people in the companies you acquire and your company.
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The advantage comes out of the capability of Indian engineers and the competitiveness of their capabilities and the cost at which they can create those capabilities.
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We believe in the vision of 'Make in India,' and our proposed joint venture with Rafael is a step in this direction.
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